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in northern california on clean energy. for example, moving the state's goal to be 33% clean energy producing. it is my privilege to welcome governor brown to the panel. [applause] >> and to introduce our next panelist, i would like to welcome steve ballmer, senior bp -- vp. >> good morning and thank you. next up is governor hickel lipper -- hickenlooper. he is the serieaal a entreprener each of you have in your respective parts. he became very successful in the brew pub business. he never had a single election not even for stink -- a student council. governor? [applause] in keeping with the discussion, he is keen on innovation and things of that nature. i know that will come out. thank you, governor. >> are we all set? i am from the "mercury news," and we're here because we live in a global cloueconomy. it has altered local economies because so many manufacturing and technology jobs are moving, whether it is a matter of costs for going where the trained work force is. we're fortunate to have to governors here to talk about how that change affects their jobs and what they're doing to jump- st
to hire the energy commission. california became the leader in energy efficiency. we put in tax credits and policies of the public utilities commission to favor alternative energy, independent power production. which is obvious today. when they promoted code- generation it was something very novel. 30 years ago. now you have a different name for a period in his third party power production using power in a driving way to recapture the most efficient way. innovation is important. i have to also, every time we heard the word innovation, i have to put a plug in for tradition. i have a very traditional education. i spent a lot of years in silence speaking latin up in the hills, living within the medieval framework. i do respect the past. we study it. if you are grounded in tradition, you feel quite confident in change and innovation. if you are insecure, you are very reluctant to embrace the unknown. i do think we need to in our education and politics, we have to have a new appreciation for our traditions and the patterns that describe our culture and our being as americans. having said all
about the energy boom. "washington journal" next. host: good morning, it's wednesday, november 21. president obama returns to the white house this afternoon following his tour of asia. secretary clinton is on the ground in the mideast, meeting with israeli, egyptian, and palestinian officials in an effort to bring an end to the ongoing violence in the gaza strip. yesterday's fed chairman ben bernanke issued warnings to u.s. leaders negotiating over the so- called fiscal cliff about the serious financial impact looming on the horizon. that's where we begin this morning. how confident are you about the state of the u.s. economy? what steps are you taking to prepare for the potential impact if the u.s. goes off the fiscal cliff? give us a call this morning. you can also catch up with us on all your favorite social media sites, twitter or facebook. or e-mail us. thismorning to you on wednesday, november 21. we are talking about federal reserve chairman ben bernanke's comments yesterday about the fiscal cliff, and getting your thoughts on bthe u.s. economy. and this headline -- also, i
journal" and on your program for some time. there is an energy revival in the united states, we know that. it is coming from shale gas, shale oil from fracking in many states. there are environmental issues to consider here. in the meantime, a lot of individuals have leases that they have granted for oil drilling or gas drilling on their private land, most of this is happening on private land so those individuals who own this land are getting income from it. >>shepard: people are flocking to the areas for the jobs. >>guest: north dakota has become a boom state with situations now where there is not enough housing for all of the oil and gas, primarily oil workers coming to the state but it is not just north dakota. the shale oil and gas is positioned all around the united states, in the east, the west coast, and it is ahead in its exploit station in florida and places like the eagle ford field. this is a boom fought to those getting money for the leases they are ranting but lower energy costs. it is like a tax cut for america. >>shepard: if we were to become energy independent, it would ce
a little bit of energy into this thing and it becomes explosive. it is all energy driven. but the issue really is not that is what the emerging world with its -- whether it is time a court india up with different perspectives. i've seen china and india in 2004, maybe 2003, the trade was maybe $2 billion between the countries. today, i think this is where the chinese prime minister comes to india and we're talking $150 billion on the next verizon. this is without drawing claims. i think what asia is looking for is that we can have correlations within each other. without necessarily being aided to. it is a dangerous game, but all games are dangerous. kissinger credit a lifetime career out of it. [laughter] this is the way it is. military power is a dominant element of strategy will not work. as a background element of strategy, yes, it's essential, important, including for the first time two years ago, the pentagon had a conference i was there in which we discussed india and american cooperation in the pacific. never happened before. it does not mean [indiscernible] we are taking position
at rice university. >> on tomorrow morning's "washington journal", gas prices and alternative energy efforts. long-term unemployment benefits and why they may end in january without congressional action is discussed. after that, dominic chu describes what wall street investors are doing with their money in excess of the fiscal cliff. close plus your e-mails and phone calls and tweets. "washington journal" is live at 7:00 a.m. eastern on c-span. >> you are watching c-span2 with politics and public affairs. weekdays featuring live coverage of the u.s. senate. on weeknights, watch key public policy events, and every weekend, the latest nonfiction authors and books on booktv. you can see past programs and get our schedules on the website and join in the the conversation on social media sites. >> representatives met in nova scotia earlier this month before the house. this is one hour and 15 minutes. >> welcome back, everybody. i would like to hand over to the dominical steve clemons, who is moderating the session. >> thank you so much. it's great to be with all of you. we have a fantasti
wal-mart or target, they want to spend a lot of time and energy putting forward what they're going to do. look at electronics, and there's nothing new other than items in the electronics market. and those that spend a lot of time advertising and extended hours earlier again, are the winners. tracy: is that why apple is putting stuff on sale? >> i can speak for management but if i was a retailer and i didn't participate in this unless you are in the luxury end of the market you may miss out. and their product being sold in other locations being taken advantage of. tracy: there is no hot anything this year rather than electronics. >> cellphones and other interesting items, and -- tracy: my kid asked for sneakers. >> and moccasins and boots and fragrances hot item this year and fashion accessories. it is the same things. and discounted to get some good deal. tracy: and the tv purchases. >> we approve this every year over and over. good deals are had during the black friday weekend by the black holiday season, best deals are after a holiday and sometimes after a super bowl. that is whe
this wholesale gas and oil revolution. we have a path to energy independence in america that is $200 billion deficit right now. it is the bridge to renewable energy, renewable energy will take a long time. if we can move to gas we get tremendous benefits in terms of cleaner energy on the way to renewable energy future. if we could get those things done, steve, this would be transformational for our economy but we have not been able to act on these things even though i said earlier there is wide bipartisan -- >> thank you. let me just try to poke holes in this. if we rollback time to just before the financial crisis you look at the u.s. deposition. douglas holtz-eakin was out there talking about that already. and john mccain and others have been but it is much worse today but if you look at the deck in a different way, look at private sector debt, the fact, forget government debt. before the financial crisis private-sector debt was 160% of gdp in the united states and despite averaging, back to 160% of gdp we are still in crisis mode, you had structural corruption between regulators and finan
on that and -- >> kimberly: energy efficient. >> dana: i have a complaint about the quality of energy efficient lights. >> kimberly: we'll see you tomorrow. >> bret: president obama says you can pay me now and pay me later. to get off the fiscal cliff. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. is it a negotiating ploy or really what president obama beliefs can happen? the president may be going down a new path tonight in deficit reduction efforts. it's a path that is sure to lead to many obstacles from the other side. chief white house correspondent ed henry has the new developments in a time sensitive story. >> in a dramatic move today, president obama seemed to be trying to split the budget talks to two pieces. suggesting he and lawmakers come up with spending cuts next year after they avoid the fiscal cliff, by extending middle class tax cuts and raising taxes on the rich. >> it would give us more time than next year to work together. on a comprehensive plan to bring down the deficit, streamline our tax system. do in a balanced way. >> the president apparent shift awa
deal of energy or strategy to how to mobilize obama's army from 2008. it was quite a crowd r -- crowd, and it was muscular and ready, sort of where do we go? you look at the 2 # million people leaping and cheering in the mall in 8 degrees. they were looking for direction for the model. we see that everywhere. of course, what's interesting is you see that cropping up in the summer, in the middle of health care, the tea party rises from the loins so to speak from the republican party, ahijacked that debate. the administration lost control of it, wrestle it back after scott brown and after they lost their majority in january the following year, but then, of course, occupy wall street adds welcoming up -- as well coming up. obama keeps them at arms' length for the most part. i think the thinking, and i hear this from progressive activists over the last few days is a bit of a -- what's that line, lbj, you know, says to various leaders of his day, make me do it. you know, -- marlin -- martin luther king and others, make me do it. people are getting a system that obama and the signaling syst
not apply a great deal of energy or strategy to how to mobilize obama's army from 2008. it was quite a crowd and it was muscular and it was ready, sort of like where do we go. you look at those 2 million people. they're looking for direction for a more participatory model. we see that everywhere. it's interesting to see see that cropping up in the summer when in the middle of health care, the tea party rise out of loins to the public and party and it really hijacks the debate during the summer and the administration loses control. the vessel it back after scott brown unless their majority in january the following year. you can't occupy wall street is so coming up out of the white firmament of america and the fall of 2011. obama keeps them in arms length for the most part and i think thinking, and i hear this a lot from progressive that this over the last few weeks and certainly the last few days is with that line, lbj, you know, says taveras leaders of this day, make me do it. martin luther king and others. make they did the right thing. people are starting to get a sense that obama had this
at the time... what's the rush? be happy. be healthy. new pink lemonade 5-hour energy? what's the rush? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. >> gretchen: 44 minutes after the top of the hour. a couple quick headlines. new study letting the air out of the bouncy houses. a new study finds 30 kids a day go to the emergency room with injuries from broken bones to cuts and concussions. experts say kids under six shouldn't use them, but we know those are the kids who love them. >>> and jenna bush haguear, she's returning to her roots for her next project. the former first daughter is joining southern living magazine as an editor at large. she'll bright a monthly column called "paper napkin interview" and contribute to a daily
, energy, public safety, government performance, elections, broadband wired and wireless is transforming everything. it's already a game changer, and we're still in the early innings of this new communication technology. now, these opportunities, where we are in the curve of the technology and the opportunities, this is known around the world. when i meet with my international counterparts in every region of the world, they are focused on the opportunities of broadband. each of our global competitors wants to become a 21st century hub for broadband related innovation. and in today's flat the global economy where capital can float anywhere and innovation can work anywhere, we have to acknowledge that u.s. leadership going forward is not a given. it's something that we have to earn a new every day. and u.s. broadband leadership is particularly vital as developing countries grow and to middle-class expands around the world. these are good developments, but we should embrace them as the spur to our global competitiveness to ensure that we have in the u.s. world leading broadband infrastructu
latest news in energy. mary thompson is at the nimax. energy all over the map. >> that's right. this morning we have the energy complex that's mixed. we did see initial support to crude oil from that greek deal but that quickly dissipated. dollar strength keeping pressure on crude today. traders of course keeping watch on tensions in the mid easts s but because that provides pressure to crude oil. those are some of the factors at play today. look at the rest of the energy complex, december contracts for gasoline, heating oil, as well as nat gas expire today. natural gas continuing the decline from yesterday after it came under pressure because of a warm forecast for the month of december. checking gold prices. they are pulling back today. expect volatility later as well because of december contract expires. david, back to you. >> all right. thanks very much, mary thompson. i wanted to look at two of the companies involved in the largest deal of the day. that is the $6.8 billion acquisition announced this morning by conagra who has been trying to buy ralcorp for the last couple
consumed a lot of time and energy. all eyes turned to the american president for leadership. the rockets are starting to be launched again in the middle east. people are getting killed once again. they will be looking to the white house and to president obama for leadership on the issue, and i can certainly take time and energy away from some of the other priorities for his second term. >> what we know about what the president is doing today? >> we learned that he called service members who are deployed overseas to thank them for their service and their sacrifice in which their families a happy thanksgiving. yesterday we saw seniors and young people and the president shaking hands, asking folks how they are doing and we got a loo at the white house many for thanksgiving and it has six different types of pies. you can guess that the war first family will work in a little bit of workout time. heather: pies for thanksgiving, you covered it all. thank you so much. >> thank you. rick: the american people have survived another election season. regardless whether your candidates won or lost, t
. visit vwdealer.com today. new pink lemonade 5-hour energy? on any new volkswagen. 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. i have obligations. cute tobligations, but obligatio.ing. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> i think president obama is tryying to get serious about the economy. he was shopping in a
is the most difficult thing for you to control as you get this show on the road? >> my energy. >> you probably have to drink a lot of coffee. >> we stay up for a really long time, so coffee is our friend. there's nothing you can control. you can plan all you want. the parade is made up of 10,000 volunteers. it's their energy that keeps this perception going. we've got a brand-new parade route this year. we're going to march down sixth avenue. it's wider, direct, right down to macy's a lot more public space. we're used to having 3.5 million people in new york see it. it's going to be a magnificent day. >> i always feel for the folks that are performing in those little skirts and the drum majors and the like. do they ever complain, or is it just such an honor? >> they really don't complain. they know up front it's going to be cold. most of the time if they look underdressed, they've got a lot of layers underneath. what's interesting, we have the band practice at 3:00 in the morning. not only is it cold but it's dark. and these bands come from all over the country. so many of them have never even
, the energy boom, conventional energy boom going on. there's a lot to expect in 2013. assuming politicians don't take us over the fiscal cliff, this economy looks like it's gaining rather than losing momentum going into 2013. >> that's good. you see that housing has turned a corner. >> yeah. >> but then look overseas. all the possibilities of fiscal cliffdom over there. >> yeah, multiple cliffs. actually, britain's not involved in this, interestingly. the sovereign debt crisis there is being worked out slowly, painfully, if they did go through a shock where greek suddenly exited the eurozone or we had spain or italy default, that would be a major game-changer because it would really impair european banks and touch off another financial crisis. that does not seem to be on the horizon. china, which was experiencing something of a hard landing earlier this year is now starting to stimulate its economy again. and looks like china and the u.s. can be barbells in a kind of two-pronged advance in the economy next year. so i think there is reason to be optimistic. people are far too downbeat at this p
easing in japan. all bullish for gold. taking a quick look at what happened in the energy complex. a mixed day there. crude pulling back despite some very good economic news. the dollar strength at play there as well. all of this as the december options expired. ahead of tomorrow's inventory report, which is expected to show a build in crude inventory. natural gas rebounding from yesterday's decline, which was spurred by the forecast for a warm december. back to you. >> all right, mary. thank you very much. >> all right. we've got 52 minutes before the closing bell. the dow jones industrial average off of its lows, down 55 points. the nasdaq is lower by -- fractionally lower. >> and don't look now, but just as housing is showing signs of life, congress may be taking away the mortgage interest deduction. we're going to look at that coming up here. >>> plus, congressional cliff divers we call them. we're going to hear from a democratic lawmaker who says let's just do it. let's go off the fiscal cliff. better to do that than make unnecessary cuts. so what is he willing to cut? that's
industry as it happens did in the past and i write quite a bit about the bottom-up energy that is happening in the city. and i write about the do it yourself city like detroit. the government really isn't functioning properly, but it does give people the sort of space to do things like plant urban gardens or just start their sort of own entrepreneurial operations without much getting in the way, because as i said there's not -- >> jennifer: there's a lot of land. right. detroit was a city that was built for 2 million people but now only about 700,000 live there. and people are using some of that vacant land for -- for example, urban farming. how successful has that been? >> it is doing good. it is sort of a metaphor these green shoots coming from the industrialists of our society. but it's obviously a deficit that the city has 40-some miles of vacant land that's paris, and turning that into a positive thing. just this week the city council is supposed to be voting on a project by a local businessman who wants to buy something like 1400 acres of vac
for rain. another one is pretty wet but it keeps most of its energy north and if we are going to fit wet? >> well, they may have to wait for the weekend and the healthier amount. the rain will not be here until tomorrow morning. 40s and 50s, give way to those in the lower 6s 0 and you are a rain will pick up and tomorrow morning's come mute looks food -- commute looks good as far as rain and it will tang us to the weekend. >>> time now 6:42, the first ever rankings for workplace rights. where the bay area stands and which ones got the lowest score. >>> and strong storms are coming in, we will tell you what else is being done to prepare for the rain. >>> and we will tell you where all the trouble is coming up. . >>> all right, steve welcome back, here is a quick look at some of the top stories we are looking at, a very dangerous police standoff on treasure island has ended and police say the suspect killed himself. it began as the suspect led them on a chase out of downtown san francisco. right now access to treasure island is limited. plus in milpitas, the manhunt continues after an offi
. as for commodities, of you have comex metals finishing at 12:30. nymex energy closes at 1:30 p.m. and of course it may be a shortened day for the traders, but it is the most important day of the year for retailers. everything from how many cars are parked at the malls to how many items are sold at stores. it can all tell us a lot about the state of the consumer and the u.s. economy today. so we're turning to one of the most seasoned and respected voices on wall street for help. we have dana telsey. she is our guest host for the next three hours. andrew, i'll send it over to you. >> we begin with a visit to toyland and here is toys r us. it opened its doors at 8:00 last night. and we have toys r us ceo joining us right now from the company's flagship store in times square. good morning. >> good morning. >> so i read a report you you had a big line. what's it been like all evening? >> it's been great. we did have a big line. we're at 44th and broadway.line went all the the way to 45th street and then down 45th all the way to 6th avenue. it was huge. people came in in a real celebratory mood. peop
to energy independence. that is a $200 billion deficit right now. it is a bridge to renewable energy. if we can move to gas, we will get tremendous benefits in terms of a cleaner energy on a way to a renewable energy future. if we could get those things done, this to be transformational for our economy, but we cannot act on these things even though there is a lot of bipartisan agreement. >> let me just try to poke holes in this. if we rolled back time to just before the financial crisis. look at the u.s.. doug holtz-eakin was out there bitching about that already. it's much worse today. if you look at debt in a different way. if you look at private-sector debt -- just forget government debt. private-sector debt was 160% of gdp. despite the myths of the leveraging, today we are back in that same crisis mode. you also have structural corruption and between regulators, financial institutions and other players in the economy and you have a private sector events leading to a government response. my question is why is it never on this list to get the private sector robber control? there is nothin
scams involving energy and water services. the first one involves someone claiming to be from a gas company they claim a product they are selling lowers your bill. the city says the scammers often mention pg&e. that's not palo alto's utility company. the other scam involves a fake water leak insurance company and that will offer insurance against high water bills, they claim. >>> sal, this is your day. i mean, it's gonna be a busy day. >> i was trying to look at the chp list. >> take your time. >> you know, things will pop up and it's like oh, my gosh, ere's another crash and that's the way it's been, especially in the first few hours. let's go out and take a look at the bay bridge. we do have it a little lighter than usual now. but it's backed up to the middle of the parking lot. we do have a lot of fender- bender type accidents or just nonreal serious crashes but the kind of crashes that happen when someone loses control, ends up hitting a guardrail or a tree. that kind of thing. let's take a look amount the su know grade -- take a look amount the sunol grade -- a look at the suno
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are at several bay area shopping malls ace energy and the crowds are getting larger by the minute. >>> overnight violence on thanksgiving day gunfire outside of a marin county nightclub. stay right here with us.
with still a lot of uncertainty hanging over the markets. >>> and one energy expert says consumers could get another gift in the new year. he's predicting a plunge in oil prices. we can only hope. you're watching cnbc, first in business worldwide. [ male announcer ] if you suffer from heartburn 2 or more days a week, why use temporary treatments when you can prevent the acid that's causing it with prevacid24hr. with one pill prevacid24hr works at the source to prevent the acid that causes frequent heartburn all day and all night. and with new prevacid24hr perks, you can earn rewards from dinner deals to music downloads for purchasing prevacid24hr. prevent acid all day and all night for 24 hours with prevacid24hr. prevent acid all day and all night for 24 hours well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's m
will needed by the republican party. it was very different environment. this is really going to require energy by both democrats and republicans to make it happen. what has happened in the second election cycle we've seen the rising tide of latino voters that is going to get greater. republicans have realized if they don't get latino voters in the coming election they won't have any hope. what we do know the latino voters, immigration reform is number one on the list. >> heather: matt, what do you think? >> i agree with marjorie. i hope the president shows presidential leadership. it will be up to him to move to democrats to actually bring a vote up to in the senate. i believe that john boehner is ready to work with them. address the higher immigration immigrants. we need engineers and doctors in this country. right now our policy is shipping here to be educated and then back home. >> heather: and they did make it clear after the election they were ready to get serious about overhauling the nation's immigration system, republicans, that is, and top priority for hispanics. so is taking up the s
and the windfall. we have a path to energy independence. that is a bridge to renewable energy. if we can move to dass, we get tremendous benefits -- if we can move to gas, we can get tremendous and benefits. we have not been able to act on these things. >> let me jump to doug and steve and try to poke holes in this in a second. if we roll back time to just before the financial crisis, doug was out there bitching about already, but it is much worse. we are back to 156% of gdp. you are still in crisis mode. you have a private sector and events that led to a government response and a worsening of debt issues, so my question is why is it never on this list to get the private sector in control? there is nothing here saying we need to bring that down, so it is a question i want to ask you. the question is, if you think about restoring the u.s. economy and the u.s. consumer, i do not know where you get a growth if you leave the private suite where it is now. >> we try to get the transparency on the balance sheets. we have done dodd-frank. that takes care of making sure it does not fall apart. >> no
to it. i think there was a sense like on energy and environment and education that the president had a vision for where america needs to be in this new century where we've got rising competition in china and germany and india and if we're going to have an american century we cannot come in second place to those countries in technology of the future. and i think that played an important role. there was a sense that the obama vision was one that they thought better suited this moment in our country's history. and there is no question on social issues whether it's women's healthcare or immigration. there was asset of issues that for younger voters was important to think about the kind of country and kind of president they wanted representing them. so on all those questions people wrestled carefully. i think that's why ultimately enough people in enough battleground states chose the president to continue this journey we're on. quickly in terms of demoggrafi. we don't know this for sure but we could be seeing different elections in on years and off years. the election in 2014 is going to
on haiti million 5 and spending energy building a product called face web where we were hoping we could deliver our products to the mobile world really with one platform and that's the mobile web and that was the wrong bet. at least for now we think it may happen. we sort of -- we've now moved to native apps because we can get the performance and that's a good example. >> rose: you're on the board. what else? >> oh, i don't know. i mean, look, these companies -- at least my standpoint being an investor in these companies, you want these companies taking risks. it's really hard. when tech companies turn conservative and stop making bets because they're afraid somebody is going to say "what did you screw up?" that's when they go sideways. so i the hit rate is greater than 50-50 they're probably taking enough risk. >> mark zuckerberg has a great phrase which is there's two ways to fail. one way to fail is that you don't hit your plan. the second way to fail is that you hit your plan and your plan wasn't big enough. and if you actually look at it, most companies fail the second way. they fa
easily evaporate a lot of presidential time or take up a lot of his time and energy and bottom line, if there is a threat of violence in the middle east once again. it could easily derail part of his second term agenda. a former bush white house advisor says like it or not, it is part of the job. >> the president has the responsibility for foreign policy. so, certainly, all eyes are on him and his administration to see what our reaction will be in keeping with our principles that israel is our closest ally in the region. and standing up for their defense. >> bottom line, when there is trouble in the middle east, folks tend to look here to the white house. and there are many examples in the course of history of events overtaking the plans of a white house team. gregg. >> gregg: on eight looker note. what do we know about how the president celebrated this thanksgiving? >> he made phone calls to 10 deployed service members. we are told that he thanked them for their service and sacrifice and also wanted to wish them and their families a very happy thanksgiving. the president had a ligh
everybody had a terrific thanksgiving. i know that we're just getting back and, so the energy level is probably going to be, mellow, which we'll make that work for us, since we're going to talk about what sometimes is contentious subject. today's panel is on the question of for-profits and federal education policy. this is a topic that we ad aei have been interested in and talking about for an extended stretch. the last couple of years with the generous support of the templeton foundation we have been running the private enterprise and american education project trying to think about both the opportunities and the challenges, the upsides and the downsides of having for-profits involved in k-12 and higher education. how do we make this work for kids and communities how do we think about some of the challenges and, potential perils of having for-profits involved. this panel is the close of a series of panels and conversations. we have commissioned a number about of pieces of new research which will be coming out as a book this spring with futures college press at columbia university.
the viewers are. let's check in now with latest moves on energy and go up to jackie at the nimax. >> we're watching oil prices this morning flat to slightly higher. wti is holding above $87 a barrel and traders are telling me we'll be in an affected range for the next couple of weeks absent big catalyst like the middle east. we have the cease-fire but we have to see how long it lasts. that's a trigger to the upside. trigger to the downside could be strength in the dollar and also data coming out of the u.s. we'll have to keep a close eye on that. fiscal cliff is a wild card. traders don't expect imminent news. we're keeping an eye on the metals complex. gold is seeing strength on euro strength today. generally a cautious tone here for the traders who are on the floor today. back over to you, david. >> all right. thanks very much. we want to turn our viewers attention now to a pitch battle going on for quite sometime but reaching a tipping point between the government of argentina led by its president and new york based hedge fund manager paul singer well known the man who runs elliott c
that sum up the drivers for oil. joining us is chief oil energy analyst. chinese demand, middle east tensions? >> i think they are the pull and push factors. china is something the market hasn't been focusing on too much. everybody was still concerned about whether it was a hard landing and whether we just see the bad data to continue. september and october numbers have definitely surprised to the up side and now the pmi above 50 will push that positive sentiment further. >> what about middle east? >> well, a million dollar question over there. from our point of view, we still don't see any physical disruption from the whole gaza situation. but i think the fear in the market very much is this is a regional conflict where other players get dragged into it and of course israel relationship has been tension. so that's why the the market is worried about it. sx bearing in mind there were fears going to the u.s. elections before after israeli strike, clearly that hasn't happened. so as far as sort of iranian production and disruption is concerned and flaring tensions, what's the key next
that are closed with their communication. i am not a spy. tell us. energy making sure facebook is available. we spend a ton of time on infrastructure and hiring people to make sure that you can get to that news feed. when it comes to governments -- there is not a lot we can do. it is interesting that young people -- i had a friend who people use technology. one of the things he observed is the way he put it is the average 18-year-old knows every last detail of how bluetooth works on their phone, all the internet and facebook, the ins and outs of twitter, how to change your can message you. every last detail their understood. when he asked them to are you afraid of the government finding it, they would say they do not understand how this stuff works. it was a message that -- in places where people do need an outlet or way of communicating that is not necessarily available in the public domain. animal. >> we have written about this issue on the security side. one of the worst things that happened, people log in and the government puts middleware in their password. if you do that that is the issue
his eyes open during the meeting. 5 hour energy all around, kids. >> alisyn: you can not fault hillary clinton with that travel schedule. talk about a wild encounter, we take to you texas for this one. two men were walking to a car when a deer attacked them. he jumped into the bed of the pick up and called police. >> he put his front paws on my feet, got my pack of cigarettes and started chewing them. he broke a police officer's rib, kicked a police officer in the leg. >> alisyn: the animal also caused some damage to the truck. it took more than five men to get the deer under control. >> steve: you don't hear much about how deer are apparently hooked on nicotine down there. >> alisyn: right. >> brian: remember the deer that came alive in that movie with -- in tommy boy. that's why i don't go deer hunting, you don't know when they're angry or dead. let's talk boxing. bad boxing story. former world champion hector camacho shot a bunch of times. in critical condition in his native puerto rico. he was hit in the neck, face while he was sitting in a car. a man next to him not so good. dead.
for wind energy. >> can't do that. >> everybody puts their hand up this is mine. >> it's less difficult, and -- >> cap you get to keep what you want. >> it's going to affect the high end, at 50,000 it wouldn't affect -- >> steve, what do you think about the $50,000 cap proposal or another number? >> i think the cap proposal has some merit. in the real world you probably end up exempting charitable. apart from what the head of the red cross is, charities see this as potentially devastating. do you want it to apply to everybody or only with people with income above $250,000. >> if it's 50,000 or 28% cap of adjusted gross you end up exempting people with lower incomes because they don't use that much. >> there are people, there's actually two different things. the $50,000 cap there are not that many people but some people who would use it. >> how can you use more? >> state and local taxes, health care, all this stuff if you put it in there. >> there are some arguments that health care shouldn't be exempted anyway. >> i understand but there's also a view at least amongst some of us that the
. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ >> you want to see where our economy is really going? financial analyst say look no further than the 1930s. we may take a trip back to the days when roosevelts election derailed from the depression. >> gretchen: stewart varney went back to the 30s and fast forward here. >> not just me. first year of fdr's second term was 1937 and it was a terrible year for the economy. dow jones industrial was cut in half . unemployment 15 percent and it was a depression within the big depression of the 1930s. is the parallels between then and now. fdr raised taxings. president obama is going to raise taxes. many of the big themed policies of the first term of fdr were implemented in the second term. same with president obama and think obama care and financial reform . attacking wall street as the villian. president roosevelt did that . wall street was the villians and shades of that exactly. 2013 president obama wall street is the villi
-g. >> it was obviously leaked by some government or by the international atomic energy agency, and the timing could be explained by a number of things. i think the key is that it shows just how sophisticated iran's thinking is on the nuclear weapons front. this is a country that is making very substantial progress. this diagram is just one of a lot of pieces of evidence, many of which i saw years ago and they still haven't come out and i'm sure other pieces of evidence have accumulated since then. jenna: can you share any of that evidence with us, just you and me and the rest of america right now? >> i can share what is already leaked out. they are working on a very sophisticated approach to weapons. take the diagram you just showed, people say, oh, but that weapon is three times more powerful and the hiroshima bomb, that shows that iran is a ways away. no not at all. that bomb was 67 years ago. jenna: one of the nuclear experts that the government relies upon, according to the "associated press" says listen this diagram is just kind of thinking about things, it's not really ao blueprint for what i
, number three is energy costs, number four is uncertainty about government policy. number five is the cost of useless regulations and red tape. six, seven, and eight are frequent changes in the tax code. tax code complexity, and taxes take away the money, my earnings that i use to grow my business. they're the issues that we're concerned about. >> bill, you said taxes are six, seven, and eight, so they're not in the one, two, or three category. which i might imagine given that's a huge issue going into 2013. >> well, it certainly is. and when we took the survey earlier this year, of course, maybe the fiscal cliff issue wasn't quite as big a point. right now -- yeah, this is a survey, the big one was 75 items, we only do once every five years and, of course, health care costs which is you could look at as a tax, if you will, is at the top of the list for the last 25 years, you have to go back to the early '80s to get interest costs up there. remember the 21% prime and the difficulty in getting credit back in those days. >> when's your next comprehensive survey, bill. >> well, the november s
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